{"id":470599,"date":"2010-03-25T09:17:02","date_gmt":"2010-03-25T13:17:02","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=7267"},"modified":"2010-03-25T09:17:02","modified_gmt":"2010-03-25T13:17:02","slug":"general-electric-makes-e340-million-investment-in-europe%e2%80%99s-offshore-wind","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/470599","title":{"rendered":"General Electric Makes \u20ac340 Million Investment in Europe\u2019s Offshore Wind"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/wind.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Wind\" \/><\/p>\n<div id=\"attachment_7273\" class=\"wp-caption aligncenter\" style=\"width: 296px\"><a href=\"http:\/\/greenenergyreporter.com\/wp-content\/uploads\/2010\/03\/GE-offshore-wind-turbine-demonstration-unit-hoch-angeschnitten.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-7273   \" title=\"GE - offshore wind turbine  demonstration unit - hoch angeschnitten\" src=\"http:\/\/greenenergyreporter.com\/wp-content\/uploads\/2010\/03\/GE-offshore-wind-turbine-demonstration-unit-hoch-angeschnitten-746x1024.jpg\" alt=\"\" width=\"286\" height=\"330\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">GE is betting on its new 4-megawatt wind turbine<\/p>\n<\/div>\n<p>General Electric <a href=\"http:\/\/www.genewscenter.com\/content\/Detail.aspx?ReleaseID=9964&amp;NewsAreaID=2\">announced plans today<\/a> to invest \u20ac340 million ($453 million) to develop and expand its wind turbine operations in the United Kingdom, Norway, Sweden and Germany in its biggest bet to date on offshore wind in Europe.<\/p>\n<p>The core of the plan is a \u20ac110 million investment for a new offshore turbine manufacturing plant in the U.K. aimed at tapping the government\u2019s multibillion sterling <a href=\"http:\/\/greenenergyreporter.com\/2010\/01\/uk-launches75b-programme-to-build-thousands-of-offshore-wind-turbines\/\">offshore wind plan<\/a>.<\/p>\n<p><span id=\"more-7267\"><\/span>Victor Abate, vice president of renewable energy for GE Power &amp; Water, said:<\/p>\n<blockquote>\n<p>These announcements lay the foundation for us to begin scaling our offshore business, technology and supply chain locally in Europe where we see the greatest growth opportunity.<\/p>\n<\/blockquote>\n<p>The investments will be made by 2016 in anticipation of huge growth in the offshore wind sector. European Union countries are trying to reach a goal of\u00a0 20 percent of energy coming from renewable resources by 2020.<\/p>\n<p>The move is also a bet on GE\u2019s new 4-megawatt wind turbine, designed with technology from 2009 acquisition ScanWind of Norway.<\/p>\n<p>The turbines will be tested in Norway, where GE will create a new Offshore Technology Development Center in Oslo and expand its advanced demonstration unit production and service facilities. The move will bring a \u20ac75 million investment.<\/p>\n<p>In Sweden, GE will also expand its offshore testing facilities with a demonstration unit in Gothenburg Harbor. GE will also join the Chalmers Wind Energy Center in Gothenberg resulting in a \u20ac50 million investment.<\/p>\n<p>GE plans to invest \u20ac105 in a new engineering center in Hamburg, Germany along with an expansion of its turbine manufacturing facility in Salzbergen and the Global Research Center in Munich.<\/p>\n<p>Finally, GE plans to put application and service engineering facilities in the U.K. and will bring its partners and suppliers to the manufacturing facility, making the country a turbine manufacturing hub for Europe.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/g_925wXBNuw\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GE is betting on its new 4-megawatt wind turbine General Electric announced plans today to invest \u20ac340 million ($453 million) to develop and expand its wind turbine operations in the United Kingdom, Norway, Sweden and Germany in its biggest bet to date on offshore wind in Europe. The core of the plan is a \u20ac110 [&hellip;]<\/p>\n","protected":false},"author":854,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-470599","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/470599","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/854"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=470599"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/470599\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=470599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=470599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=470599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}